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MVNCK

Active
Private limited companyfounded 20232 yrs activeZwijnlandstraat 51, 8970 Poperinge, BelgiumKBO/BCE: BE 1003.851.317
Summary

The computed 12-month bankruptcy probability of MVNCK is 2.1% (moderate). The 2024 annual accounts show equity of €100,429 and a net result of €95,629. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability100
Solvency85
Growth-
Track record67
Bankruptcy probability, 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.15; short-term debt: 32.8% and cash: 55.6% of total assets), and 40% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Repair, maintenance and installation of machinery and equipment (NACE 33)
about 56% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-06-2026, 43 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
43 d early
2024
29 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 36 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

MVNCK was incorporated on 22 December 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet

Equity
€100,429
Total assets
€167,387
Net result
€95,629
Working capital
€63,161

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €167,387
Fixed assets €49,322
Current assets €118,065
Equity and liabilities €167,387
Equity €100,429
Debt €66,959
Debt finances 40.0% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€134,397
Cash flow
€105,760
Current ratio
2.15
Debt to equity
0.67
ROE
95.2%
ROA
57.1%
Interest coverage
127.36
Debt ≤ 1 year
€54,904
Debt > 1 year
€12,055
Income taxes
€27,634

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 41 lines
Balance sheet Code2024
Assets
Total assets20/58€167,387
Fixed assets21/28€49,322
Tangible fixed assets22/27€49,322
Furniture and vehicles24€39,240
Other tangible fixed assets26€10,082
Current assets29/58€118,065
Amounts receivable within one year40/41€24,927
Trade receivables40€18,552
Other amounts receivable41€6,376
Cash at bank and in hand54/58€93,026
Deferred charges and accrued income490/1€112
Equity and liabilities
Total equity and liabilities10/49€167,387
Equity10/15€100,429
Contributions10/11€4,800
Reserves13€95,629
Distributable reserves133€95,629
Amounts payable17/49€66,959
Amounts payable after more than one year17€12,055
Financial debts170/4€12,055
Amounts payable within one year42/48€54,904
Current portion of amounts payable after more than one year42€9,936
Trade debts44€753
Suppliers440/4€753
Taxes, remuneration and social security45€44,215
Taxes450/3€41,715
Remuneration and social security454/9€2,500
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,131
Other operating charges640/8€1,273
Gross operating margin9900€135,671
Operating profit (loss)9901€124,266
Financial income75/76B€52
Recurring financial income75€52
Financial charges65/66B€1,055
Recurring financial charges65€1,055
Profit (loss) for the period before taxes9903€123,263
Income taxes67/77€27,634
Profit (loss) for the period9904€95,629
Profit (loss) for the period to be appropriated9905€95,629
Appropriation of the result
Profit (loss) to be appropriated9906€95,629
Transfer to equity691/2€95,629
To other reserves6921€95,629

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,131
Other operating charges640/8€1,273
Gross operating margin9900€135,671
Operating profit (loss)9901€124,266
Financial income75/76B€52
Recurring financial income75€52
Financial charges65/66B€1,055
Recurring financial charges65€1,055
Profit (loss) for the period before taxes9903€123,263
Income taxes67/77€27,634
Profit (loss) for the period9904€95,629
Profit (loss) for the period to be appropriated9905€95,629
Line2024
Assets
Total assets20/58€167,387
Fixed assets21/28€49,322
Tangible fixed assets22/27€49,322
Furniture and vehicles24€39,240
Other tangible fixed assets26€10,082
Current assets29/58€118,065
Amounts receivable within one year40/41€24,927
Trade receivables40€18,552
Other amounts receivable41€6,376
Cash at bank and in hand54/58€93,026
Deferred charges and accrued income490/1€112
Equity and liabilities
Total equity and liabilities10/49€167,387
Equity10/15€100,429
Contributions10/11€4,800
Reserves13€95,629
Distributable reserves133€95,629
Amounts payable17/49€66,959
Amounts payable after more than one year17€12,055
Financial debts170/4€12,055
Amounts payable within one year42/48€54,904
Current portion of amounts payable after more than one year42€9,936
Trade debts44€753
Suppliers440/4€753
Taxes, remuneration and social security45€44,215
Taxes450/3€41,715
Remuneration and social security454/9€2,500
Line2024
Profit (loss) for the period9904€95,629
+ Depreciation and write-downs630€10,131
Operating cash flow (approximation)€105,760

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
18-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
02-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Poperinge · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
876 m²
Building footprint
152 m²
Parcel 33313K0039/00W000, Flanders. Linked by address, not a title deed.
1 establishment unit
DMengineering
Zwijnlandstraat 51, 8970 PoperingeManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
since 20232.353.667.386
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
33313K0039/00W000 Flanders 876 m² 1 · 152 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

6488M136H4PVB969NB75
live in the LEI register

Similar companies · same sector, comparable size

Of 3,716 companies in this sector we hold annual accounts for 1,347. 1,129 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded22-12-2023
Fiscal year end31-12
Activities, NACEBEL 2025
33120Repair and maintenance of machinery
31004Manufacture of dining room, living room, bedroom and bathroom furniture
32400Other manufacturing
62100Computer programming
71121Engineering and related technical consultancy, excluding land surveyors
74120Graphic design and visual communication
E-invoicing
Reachable via Peppol
Peppol ID 0208:1003851317
Also 9925:BE1003851317
Registered 15-05-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.